Current：Home > reviewsJPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein’s sex trafficking operations -Dynamic Money Growth
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein’s sex trafficking operations
View
Date：2025-04-18 16:41:44
NEW YORK (AP) — JPMorgan Chase has agreed to pay $75 million to the U.S. Virgin Islands to settle claims that the bank enabled the sex trafficking acts committed by financier Jeffrey Epstein.
JPMorgan said Tuesday that $55 million of the settlement will go toward local charities and assistance for victims. Another $20 million will go toward legal fees.
The Virgin Islands, where Epstein had an estate, sued JPMorgan last year, saying its investigation has revealed that the financial services giant enabled Epstein’s recruiters to pay victims and was “indispensable to the operation and concealment of the Epstein trafficking enterprise.”
Epstein died by suicide in a federal jail in 2019.
veryGood！ (598)
Related
- Trump wants to turn the clock on daylight saving time
- Earthquake rattles NYC and beyond: One of the largest East Coast quakes in the last century
- How three former high school coaches reached the 2024 men's Final Four
- Lawsuit naming Sean ‘Diddy’ Combs as co-defendant alleges his son sexually assaulted woman on yacht
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Gray wolves hadn’t been seen in south Michigan since the 1900s. This winter, a local hunter shot one
- March Madness: How to watch the women’s Final Four and what to watch for in the NCAA Tournament
- 2024 men's NCAA Tournament expert picks: Predictions for Saturday's Final Four games
- Louvre will undergo expansion and restoration project, Macron says
- Tesla shares down after report on company scrapping plans to build a low-cost EV
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Afraid of flying? British Airways wants to help.
- Apple's App Store, Apple TV, other online services go down Wednesday
- Missing 1923 Actor Cole Brings Plenty Found Dead in Woods at 27
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Ohio teacher should be fired for lying about sick days to attend Nashville concert, board says
- 'Game of Thrones' star Joseph Gatt files $40M lawsuit against Los Angeles officials for arrest
- Sheriff says man held at problem-plagued jail in Atlanta was stabbed to death by another detainee
Recommendation
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
Why women's March Madness feels more entertaining than men's NCAA Tournament
Madonna asks judge to toss lawsuit over late concert start time: Fans got just what they paid for
Buy groceries at Walmart recently? You may be eligible for a class action settlement payment
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
University of Texas professors demand reversal of job cuts from shuttered DEI initiative
South Carolina women stay perfect, surge past N.C. State 78-59 to reach NCAA title game
Farmworker who survived mass shooting at Northern California mushroom farm sues company and owner